535 Bethel Rd Somers Point, NJ 08244
This exceptional 1.6-acre commercial land parcel presents a remarkable investment opportunity in the thriving Somers Point, New Jersey market. Located at 535 Ocean Heights Avenue & 4 Bethel Road, this property boasts a highly desirable location directly across from the bustling ShopRite Shopping Center. The area is anchored by a variety of established businesses, including major grocery stores, Applebee's, Wendy's, Chick-fil-A, banks, Wawa, a car wash, and numerous auto parts stores, ensuring high visibility and consistent foot traffic. Zoned GB (General Business), this versatile property allows for a wide range of commercial uses, including retail establishments, restaurants (including fast food), and professional offices. Currently, a vacant retail building sits on the site, offering potential for redevelopment or repurposing. The property's significant size provides ample space for a variety of development projects. With approximately 465 feet of frontage on Bethel Road and approximately 247 feet on Ocean Heights Avenue, this property offers exceptional exposure and accessibility. The asking price is $2,250,000. This is a rare opportunity to acquire a prime commercial property in a high-demand location with significant growth potential. Don't miss out on this chance to capitalize on the vibrant Somers Point commercial market. The 08244 zip code offers easy access to major roadways and a strong residential base.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.